Form 4: Terex Corp Executive Amy George Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Amy George, Senior VP of Human Resources at Terex Corp, reports the forfeiture of restricted stock and changes in beneficial ownership.
Summary
- On February 27, 2025, Amy George, Senior VP of Human Resources at Terex Corp, reported changes in beneficial ownership of Terex Corp stock.
- Ms. George forfeited 4,393 shares of common stock due to the terms of performance awards granted in 2022, 2023, and 2024.
- Following the transaction, Ms. George directly owns 88,536 shares of Terex Corp common stock.
- Ms. George also indirectly owns 14 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral. The forfeiture of shares could be seen as slightly negative, but it's part of the executive compensation structure.
Negatives
- Amy George forfeited 4,393 shares of restricted stock, indicating that performance targets associated with those shares were not met.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates changes in the holdings of a key executive at Terex Corp.
Stakeholder Impact
- The forfeiture of shares may have a minor impact on shareholder sentiment, as it reflects the executive's performance relative to pre-set targets.
Key Dates
| Date | Description |
|---|---|
| 02/27/2025 | Date of transaction: forfeiture of restricted stock. |
| 03/03/2025 | Date of signature on the Form 4 filing. |
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